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Winchmore Developments Ltd

08564876

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 7 outstanding charges (-10)

Details

1 KINGS AVENUE, LONDON, N21 3NA
Incorporated 11/06/2013

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 18/04/2026

Due 02/05/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Shaun Terence Savage

director · Since 11/06/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 20 other boards

Persons with Significant Control

Ltp Capital Holdings Ltd

75–100% shares
75–100% votes

1 Kings Avenue, London, N21 3NA

Reg: 15325463 · England And Wales · Private Limited Company

Notified 17/04/2024

Former PSCs

Mr Anthony Simon Christofis

Ceased 17/04/2024

Mr Shaun Terence Savage

Ceased 17/04/2024

Mr Matthew John Williams

Ceased 17/04/2024

Charges7 outstanding

Charge
outstanding

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ABBEY FINANCE LIMITED

Created 05/09/2023Registered 14/09/2023
Charge
outstanding

CASTLE TRUST CAPITAL PLC

Created 02/08/2023Registered 03/08/2023
Charge
satisfied

REDWOOD MG LIMITED

Created 15/06/2020Registered 20/06/2020Satisfied 23/07/2020
Charge
outstanding

BANK OF CYPRUS UK LIMITED

Created 27/09/2017Registered 12/10/2017
Charge
outstanding

REDWOOD MG LIMITED

Created 01/12/2016Registered 08/12/2016
Charge
outstanding

BANK OF CYPRUS UK LIMITED

Created 30/11/2016Registered 07/12/2016
Charge
outstanding

BANK OF CYPRUS UK LIMITED

Created 30/11/2016Registered 07/12/2016
Charge
satisfied

LIMECOURT FINANCE AND INVESTMENTS LIMITED

Created 20/10/2015Registered 23/10/2015Satisfied 29/09/2020
Charge
satisfied

REDWOOD MG LIMITED

Created 06/08/2015Registered 12/08/2015Satisfied 29/09/2020
Charge
satisfied

MOLVIG LIMITED

Created 23/09/2013Registered 24/09/2013Satisfied 29/09/2020

CompanyRankvs 129588+ SIC 68100 peers
27

Financial strength1th percentile among SIC peers · 0/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

-£414k

Balance sheet strength

Cash

£87

Cash in the bank

Net Current Assets

-£380k

Working capital

Current Assets

£840k

Current Liabilities

£1.2M

Debtors

£129k

0avg. employees

Balance Sheet

Bank loans & overdrafts£633k
Assets less current liabilities-£380k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69-£79k
20230.73-£76k
20221.54-£10k
20211.13-£143
20201.13+£8k
20191.05-£3k
20181.06

Derived from filed accounts. Not audited figures.